W.T.O. should be W.T.F.

[Flanders]

America’s record at the W.T.O. is not good:

America’s membership in the World Trade Organization has been anything but beneficial. Not only have millions of jobs been lost since the U.S. entered the international trading organization, but national interests have been undermined over and over again due to WTO decisions that usurp even the nation’s cherished constitution. Here are a few examples:

America’s Losing WTO Track Record
May 01, 2011 Dustin Ensinger

America’s Losing WTO Track Record | Economy In Crisis

Even America’s W.T.O. victories produce few, or no, benefits when it comes time to enforcing a W.T.O. ruling. Making the W.T.O. a United Nations agency is the only way it could get worse for Americans.

Hussein is filing another case for political reasons:

The administration has been mulling a possible W.T.O case against China in the auto sector since at least last winter, and has been encouraged by unions to do so, particularly the United Steel Workers.?

U.S. to File W.T.O. Case Against China Over Cars
By KEITH BRADSHER
Published: September 16, 2012

http://www.nytimes.com/2012/09/17/b...le-wto-case-against-china-over-cars.html?_r=1

Hussein motives are less than pure; so I don’t know why rank & file union members would think going to the W.T.O is in their best interests? In fact, Hussein is more concerned with strengthening an International organization than he is concerned about American jobs or the trade imbalance.

Surely, relying on W.T.O. decisions to protect America’s industries and jobs contributed to the massive unemployment in this country in the first place. Paper victories over China won’t change anything:

The United States has won an impressive string of victories against China at the World Trade Organization in the past few years but U.S. companies have seen only limited benefits, according to a review of the cases and interviews with analysts and officials familiar with them.

U.S. challenges, for example, have led to the repeal of Chinese import tariffs on American-made auto parts. But by the time the United States prevailed, China was well on its way — with the help of the protective tariffs — to developing its own industry for manufacturing engines, transmissions and other components, say U.S. auto industry officials. The repeal did little to stem the long-term movement of auto-parts work from the United States to China.

At WTO, U.S. racks up wins against China, but the benefit is less than certain
By Howard Schneider, Published: August 6 The Washington Post

At WTO, U.S. racks up wins against China, but the benefit is less than certain - The Washington Post

There is absolutely no evidence the W.T.O. creates jobs in this country.

Bottom line: If Hussein has to go to an International organization based in Europe to bring back the American auto industry who the hell is he working for?

 

[Freemason9]

Maybe the WTO is more worker-friendly than the U.S. government.

 

[EdwardBaiamonte]

Maybe the WTO is more worker-friendly than the U.S. government.

1) a liberal will lack the IQ to understand free trade


The Goldern Rule:the more with whom you trade the richer you get no matter if they are across the street or across the world; the fewer with whom you trade the poorer you get.



If you could not trade at all you'd have to make everything yourself and so starve to death or live a subsistence life style. Hence, the more with whom you trade the richer you get no matter if they are across the street or across the world.

Moreover, its exactly as Richard Nixon once said, "our goods have to be world class if we want to be a world class country". Imagine how backward our industry would be if it did not have to compete in the globalized market place? Our cars would be like soviet car were, i.e., you had to use a dip stick to check how much gasoline you had and back them up hill because carburetors were gravity fed. This is what the liberals, in effect, propose because they lack the ability to understand free trade.

 

[Flanders]

Maybe the WTO is more worker-friendly than the U.S. government.

To Freemason9: Not to American workers.

International organizations like the W.T.O. and the UN were created by elitists for their own benefit. Their political posture is quite obvious: Capitalism for themselves and socialism for everybody else. Their sole economic goal is equally obvious: Equal distribution of poverty. Winston Churchill said it this way:

Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery.

Incidentally, I’m not the only one who is skeptical of the W.T.O.

Oddly enough, today we also learn that the Obama administration is launching a complaint at the World Trade Organization over China’s allegedly unfair backing of its auto industry. The United States will charge the Chinese government with subsidizing auto and auto parts producers from 2009 and 2011 with $1 billion. Protectionism and China bashing are vital, apparently, when campaigning in Ohio.

President Obama’s General Motors hypocrisy
By: David Harsanyi
9/17/2012 01:09 PM

Harsanyi: Obama's Bailout Hypocrisy - conservative news

 

[EdwardBaiamonte]

Maybe the WTO is more worker-friendly than the U.S. government.

To Freemason9: Not to American workers.

International organizations like the W.T.O. and the UN were created by elitists for their own benefit. Their political posture is quite obvious: Capitalism for themselves and socialism for everybody else. Their sole economic goal is equally obvious: Equal distribution of poverty. Winston Churchill said it this way:

Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery.

Incidentally, I’m not the only one who is skeptical of the W.T.O.

Oddly enough, today we also learn that the Obama administration is launching a complaint at the World Trade Organization over China’s allegedly unfair backing of its auto industry. The United States will charge the Chinese government with subsidizing auto and auto parts producers from 2009 and 2011 with $1 billion. Protectionism and China bashing are vital, apparently, when campaigning in Ohio.

President Obama’s General Motors hypocrisy
By: David Harsanyi
9/17/2012 01:09 PM

Harsanyi: Obama's Bailout Hypocrisy - conservative news

What a tangled anti American web Barry weaves. He's so proud of the GM bailouts, but so embarrassed about the bank bailouts, and apparently very shy about the recent take over of the health care industry.

In the end it's all a huge step toward anti American socialism but not surprising from a president who had 2 communist parents and voted to the left of Bernie Sanders.